Is 30531, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 30531 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 30531 has remained a Seller's Market.

Key Takeaway

30531 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 30531, GA cost?

Median Sold Price

$300,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$23,500(+8.5%)

Key Takeaway

Homes in 30531 have sold for 8.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 -$295K
N/A
2 $176.6K$154.7K
-12.4%
3 $260K$278.9K
+7.3%
4 $359.9K$348K
-3.3%
5+ $360.7K$402K
+11.4%

Median Sold Price Compared To Nearby Zip Codes

30535
+28.6%
30510
+20.0%
30563
+11.1%
30531
+8.5%

How many homes are available in 30531, GA?

Number of Homes For Sale

Jan 2023Feb 2023%
5657+1.8%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 58
+60.0%
3 2324
+4.3%
4 1916
-15.8%
5+ 88
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
1510-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 30531, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
30 Days55 Days+83.1%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 30531 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Local real estate agents are ready to help you find a home here.

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21 River Cliff Dr, Cornelia, GA 30531

$198,000

Land

2.31 Acres

21 River Cliff Dr, Cornelia GA, 30531

Ruth E. Camp

Listing Office:

SHIELD, REALTORS

#10141804

MLS logo
0 Parker Pt Lot 8, Cornelia, GA 30531

$64,900

Land

1.59 Acres

0 Parker Pt Lot 8, Cornelia GA, 30531

James Allison

Listing Office:

Leading Edge Real Estate LLC

#20110619

MLS logo
118 Huff Ave, Cornelia, GA 30531

Backup Offers

$235,000

3

1

1,374 SqFt

118 Huff Ave, Cornelia GA, 30531

Margaret Loudermilk Turner

Listing Office:

Lakeshore Real Estate Inc.

#7190228

MLS logo
0 Parker Pt Lot 3, Cornelia, GA 30531

$199,900

Land

11.31 Acres

0 Parker Pt Lot 3, Cornelia GA, 30531

James Allison

Listing Office:

Leading Edge Real Estate LLC

#20109945

MLS logo
412 Magnolia Grove Pl, Cornelia, GA 30531

$282,000

3

3

1,508 SqFt

412 Magnolia Grove Pl, Cornelia GA, 30531

Amy Sutherland

Listing Office:

The Norton Agency

#7186783

MLS logo
417 Magnolia Grove Pl, Cornelia, GA 30531

Backup Offers

$274,900

3

2

1,365 SqFt

417 Magnolia Grove Pl, Cornelia GA, 30531

Amy Sutherland

Listing Office:

The Norton Agency

#10138260

MLS logo
0000 Old River Rd Unit 2, Cornelia, GA 30531

$289,900

Land

4.49 Acres

0000 Old River Rd Unit 2, Cornelia GA, 30531

Zach Garvey Team

Listing Office:

Keller Williams Lanier Partner

#10136037

MLS logo
521 Alston Ter, Cornelia, GA 30531

$250,000

2

2

1,118 SqFt

521 Alston Ter, Cornelia GA, 30531

Kim Waters

Listing Office:

The Norton Agency

#7182881

MLS logo
817 Blossom Ln, Cornelia, GA 30531

$394,440

5

3 Full, 1 Partial

3,006 SqFt

817 Blossom Ln, Cornelia GA, 30531

Dana J. Dockery

Listing Office:

Adams Homes Realty Inc.

#20106132

MLS logo
254 Magnolia Villas Dr, Cornelia, GA 30531

$331,250

4

3

2,316 SqFt

254 Magnolia Villas Dr, Cornelia GA, 30531

Dana J. Dockery

Listing Office:

Adams Homes Realty Inc.

#20105200

MLS logo
212 Hills Mill Rd, Cornelia, GA 30531

$409,999

7

4 Full, 1 Partial

5,034 SqFt

212 Hills Mill Rd, Cornelia GA, 30531

Brandon Thompson

Listing Office:

Keller Williams Lanier Partner

#20104436

MLS logo
726 Pathway Cir, Cornelia, GA 30531

$344,770

4

2 Full, 1 Partial

2,307 SqFt

726 Pathway Cir, Cornelia GA, 30531

Dana J. Dockery

Listing Office:

Adams Homes Realty Inc.

#20104272

MLS logo

About 30531, GA

Number of homes for sale in 30531, GA real estate market have reached 57. The inventory of homes for sale in 30531, GA between January 2023 and February 2023 increased by 1.8%. The median list price of listings available in February 2023 was $300,000, while the average time on the real estate market was 55 days. From January 2023 through February 2023, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 12.4%, 3 bedrooms properties prices increased by 7.3%, prices of 4 bedrooms properties decreased by 3.3%, the cost of 5 bedrooms properties went up by 11.4%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 60%, the quantity of 3 bedrooms homes went up by 4.3%, 4 bedrooms homes became 15.8% less available, volume of 5 bedrooms homes stayed the same. In February 2023, from all listings sold in 30531, GA there were more than 1 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 03/01/2021 - 03/01/2023

IDX Based on information from the Georgia MLS © 2023.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/23/2023, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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